AJ Bell (LON:AJB) Trading 14.6% Higher – Still a Buy?

AJ Bell plc (LON:AJB) was up 14.6% on Friday . The stock traded as high as GBX 619 and last traded at GBX 612. Approximately 86,071,602 shares traded hands during trading, an increase of 946% from the average daily volume of 8,226,691 shares. The stock had previously closed at GBX 534.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Shore Capital Group reissued a “hold” rating on shares of AJ Bell in a research note on Friday, April 24th. UBS Group reiterated a “buy” rating and set a GBX 630 price target on shares of AJ Bell in a report on Monday. Royal Bank Of Canada increased their price target on AJ Bell from GBX 500 to GBX 510 and gave the company a “sector perform” rating in a research note on Friday, May 15th. Jefferies Financial Group reissued a “buy” rating and set a GBX 625 price objective on shares of AJ Bell in a report on Friday, May 15th. Finally, Citigroup upgraded AJ Bell to a “neutral” rating and increased their target price for the company from GBX 500 to GBX 520 in a research report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of GBX 554.38.

AJ Bell Stock Up 2.4%

The company has a current ratio of 3.67, a quick ratio of 7.16 and a debt-to-equity ratio of 5.55. The stock’s 50-day moving average is GBX 503.43 and its 200-day moving average is GBX 480.75. The company has a market cap of £2.48 billion, a price-to-earnings ratio of 24.52, a P/E/G ratio of 5.73 and a beta of 0.82.

AJ Bell (LON:AJB) last released its quarterly earnings data on Thursday, May 21st. The company reported GBX 14.70 EPS for the quarter. The firm had revenue of £182.96 million during the quarter. AJ Bell had a return on equity of 50.49% and a net margin of 33.07%. On average, analysts anticipate that AJ Bell plc will post 23.8118812 earnings per share for the current fiscal year.

AJ Bell Company Profile

Established in 1995, AJ Bell is one of the largest investment platforms in the UK, operating at scale in both the advised and direct-to-consumer markets.

Our purpose is to help people invest by providing them with easy access to Pensions, ISAs and General investment accounts, great customer service and competitive charges.

Our two core platform propositions are AJ Bell in the D2C market and AJ Bell Investcentre in the advised market, which both provide access to a broad investment range including shares and other instruments traded on the major stock exchanges around the world, as well as all mainstream collective investments available in the UK and our own range of AJ Bell funds.